Tether scales crypto payments in Eastern Europe with new investment
The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan.
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Sophon ZKSync hyperchain raises $60M in node sale
The entertainment-focused Hyperchain aims to provide a robust infrastructure for gaming, AI and SocialFi-related protocols.
Chainalysis sets up regional HQ in Dubai amid local crypto boom
Chainalysis relocates regional headquarters to Dubai reflecting the UAE’s progressive stance toward blockchain technology.
AI-powered smart contracts could be ‘transformative’ — Ava Labs founder
Imagine if ordinary people could write smart contracts in their native language. It could bring in “billions of new [blockchain] users.”
Trader loses 7-figure sum due to 0L Network hard fork
“Forking out wallets without community input is theft,” according to the trader, who also claims to be part of 0l Network’s marketing team.
Various forms of Bitcoin custody, explained
Bitcoin’s rising popularity demands a secure custody plan. Learn about Bitcoin custody options, from centralized exchanges and self-custody to specialized institutions.
FCA crypto regulators will take the best from TradFi and DeFi, says exec
The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best.
Mastercard joins forces with US banking titans for tokenized settlement trials
The partnership between significant banking giants in the U.S. and Mastercard aims to streamline multiple asset-class settlements on a shared ledger platform.
Nigerian stakeholders demand Binance reveal identity of bribery official
SIBAN’s executive secretary, Rume Ophi, stressed that Binance should reveal names to substantiate the claim and allow authorities to address wrongdoing.
Solana could flip Ethereum in transaction fees within a week: Report
The potential flip could further cement Solana’s status as an “Ethereum-killer,” which has been questioned due to the recent network outages.
Elaborate Elon Musk deepfake crypto fraud uncovered in Hong Kong
A fraudulent crypto exchange platform used AI-generated videos of Elon Musk and misleading information to promote crypto trading services.
How Binance played a key role in arrest of ZKasino scam suspect
Despite the arrest of the main suspect, some of the stolen funds continued to be moved, suggesting multiple potential attackers.
Bankruptcy law firm S&C absolved from misconduct, according to new FTX proposal
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities.
BTC price clings to $62K as Bitcoin bulls suffer post-halving ‘boredom’
Bitcoin may be preparing for trend continuation, but on short timeframes, BTC price behavior is inspiring no one.
WBTC thief spreads $71M loot across multiple crypto wallets
Stolen crypto from a $71 million wallet impersonation scam is on the move after six days of dormancy.
SEC files final response in Ripple XRP case
The SEC argues that Ripple’s claims do not negate the need for injunctions to prevent future violations.
Traders rush to short Ether as Grayscale pulls its futures ETF plan
A 3% rebound in Ether’s price would wipe $345 million in short positions amid Grayscale withdrawing its Ether futures ETF application.
NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit
Rob Gronkowski, Victor Oladipo, and Landon Cassill have agreed to settle with plaintiffs in their ongoing case against Voyager Digital.
Financial system ‘outdated’ but crypto is no fix either: US swing voters
In a survey by the Digital Currency Group, 70% of swing state voters agreed the current financial system is "outdated" and in need of an overhaul, but most didn’t think crypto was the answer either.
LocalMonero exchange shuts down as crypto privacy services dwindle
Monero’s version of LocalBitcoins is closing after 7 years of operations serving the XMR community.
2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish
The Bitcoin funding rate and 3-month annualized basis rates are moving to levels that signal to traders it may just be the “calm before the storm.”
SEC’s Gary Gensler is getting irked being asked about crypto
SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market.
FTX plans full pay back of all creditors ‘plus billions in compensation’
Under the plan, 98% of FTX creditors will get up to 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX.
Grayscale withdraws its Ethereum Futures ETF application
The withdrawal comes a little over two weeks before the United States securities regulator will be forced to make a decision on at least one spot Ether ETF application.
Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange.
Philosopher Yuval Noah Harari warns of AI’s risks in finance
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system.
Susquehanna International Group adds $1B in Bitcoin ETFs to portfolio
According to a filing with the U.S. SEC, Susquehanna International Group invested more than $1 billion in Bitcoin ETFs in Q1 2024.
Ethereum price lags due to ‘weaker capital rotation,’ but crypto macro uptrend remains
ETH price has underperformed Bitcoin, but Glassnode analysts say data suggests the crypto market remains in the “early stages of a macro uptrend.”
SEC pushes back against Terraform’s claims fraud happened outside US
Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin.
My traumatic Apple ID hack showed pitfalls of centralized identity
A breach of your Apple ID can leave you all but helpless to prevent attackers from poring over and stealing the contents of your life.